Universal Co. (UVV) CFO David C. Moore Sells 26,062 Shares

Universal Co. (NYSE:UVV) CFO David C. Moore sold 26,062 shares of the firm’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of $64.77, for a total value of $1,688,035.74. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Universal traded up $0.35, reaching $65.25, during trading on Thursday, according to Marketbeat. 3,248 shares of the company’s stock were exchanged, compared to its average volume of 246,381. Universal Co. has a fifty-two week low of $45.95 and a fifty-two week high of $68.25. The firm has a market capitalization of $1.60 billion, a PE ratio of 16.17 and a beta of 1.22. The company has a current ratio of 5.94, a quick ratio of 3.14 and a debt-to-equity ratio of 0.27.

Universal (NYSE:UVV) last announced its quarterly earnings data on Wednesday, May 23rd. The company reported $1.20 EPS for the quarter. Universal had a return on equity of 7.49% and a net margin of 5.19%. The firm had revenue of $607.50 million during the quarter. During the same quarter in the previous year, the business posted ($1.64) earnings per share.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 6th. Shareholders of record on Monday, July 9th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Friday, July 6th. This is a positive change from Universal’s previous quarterly dividend of $0.55. This represents a $3.00 dividend on an annualized basis and a yield of 4.60%.

Separately, TheStreet upgraded Universal from a “c+” rating to a “b” rating in a research report on Friday, May 25th.

A number of hedge funds and other institutional investors have recently made changes to their positions in UVV. Schwab Charles Investment Management Inc. boosted its position in Universal by 6.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 257,708 shares of the company’s stock worth $13,530,000 after acquiring an additional 14,872 shares during the period. Comerica Bank lifted its holdings in shares of Universal by 223.4% during the 4th quarter. Comerica Bank now owns 74,669 shares of the company’s stock valued at $3,759,000 after buying an additional 51,578 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Universal during the 4th quarter valued at about $464,000. CNA Financial Corp lifted its holdings in shares of Universal by 59.8% during the 4th quarter. CNA Financial Corp now owns 21,512 shares of the company’s stock valued at $1,129,000 after buying an additional 8,049 shares during the last quarter. Finally, Bailard Inc. acquired a new stake in shares of Universal during the 4th quarter valued at about $378,000. Hedge funds and other institutional investors own 83.18% of the company’s stock.

Universal Company Profile

Universal Corporation engages in leaf tobacco business worldwide. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products. The company processes and sells flue-cured and burley tobaccos, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, pipe tobacco, and smokeless tobacco products.

Insider Buying and Selling by Quarter for Universal (NYSE:UVV)

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